Average wage fell 3% April-May
Average wages are down 7.7% since the beginning of the year.
Zeev Klein
Globes
http://www.globes.co.il
August 6, 2003
Wages are still falling. The average real wage declined by an
annualized 3% to NIS 6,787 in April-May 2003, according to
Central Bureau of Statistics figures. The highest average wage
was in the electricity and water sectors NIS 15,786,
2.3 times the nationwide average.
Banking, insurance, and financial sector workers were in
second place, averaging NIS 12,652, 86% higher than the
nationwide average.
Public service workers were in third place in the wage table,
averaging NIS 10,090, 50% higher than the nationwide average.
The lowest wage category was hosting and food services,
which averaged NIS 3,492, 49% less than the nationwide
average. Another low wage category was agriculture,
where the average wage was NIS 4,511, 34% less than the
nationwide average.
121,300 workers in Israel have two or more jobs.
Adding their wages to the total raises the average wage
to NIS 7,159, NIS 372 higher than the regular average,
a 5.5% increase.